Payroll Direct Deposit or Direct Billing

Payroll Direct Deposit or Direct Billing is available as a part of cash management or contract directly with the Bank. As a stand-alone process you will need the ability within your system to create an ACH formatted file. We offer information on this, as well as the ACH Operating Rules, updated each year to get this process working for you.

Direct deposit guards against lost checks and gives your employees the benefit of knowing their paycheck has been safely deposited into their checking account whether they are at home or away on business.

Direct billing allows you to manage your company's funds more efficiently. American State Bank customers pre-authorize their accounts to be directly billed on a specific day and the funds credited to you. There are a lot of possibilities within the electronic payroll and billing arena. Contact us for more information about self-directed cash management tools.

Business and Financial Statement Consulting

Our lenders are here to offer more than business loans. We have many years of experience working for businesses in all stages of development and are here to work with you on your business plan and financial statement analysis. Help is available if you are starting a new business or expanding an existing business. Contact the Commercial Banking Department for more information